House Committee on Education and Labor Student Loan Reform Proposals
In anticipation of the November midterm elections, House Education and Labor committee members released bills outlining their Higher Education Act legislative priorities should their party gain a majority in the House in 2023.
Both the Republicans' REAL Reforms Act and the Democrats' LOAN Act have a significant focus on federal student loan reform, but each bill touches on Pell grants and includes other miscellaneous provisions.
Bill Links
- Responsible Education Assistance through Loan (REAL) Reforms Act
- Lowering Obstacles to Achievement Now (LOAN) Act
NASFAA Resources
- Side-by-side comparison chart
- NASFAA Statement on the Responsible Education Assistance Through Loan (REAL) Reforms Act
- NASFAA Statement on House Democrats' LOAN Act
- NASFAA Feedback to Sponsors of REAL Reforms Act
NASFAA Today's News Coverage
- Foxx Outlines Republican Vision for Higher Education Reform
- House Republicans Propose Student Loan Reforms, Pell Grants for Short-Term Programs, and Limits on ED Authority
- Analysis: GOP Proposal on Federal Student Loan Reform, Limits on ED Authority, and Short-Term Pell
- House Democrats Unveil Package Seeking to Lower College Costs
- House Democrats Share Plans for College Affordability Through Increased Pell Grants and Cheaper Student Loans
Publication Date: 9/29/2022
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